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Tag: deposit insurance

$10,000,000,000 Bank Shut Down by US Regulators in First Bank Failure of 2024 – The Daily Hodl

US regulators just announced the first bank failure of 2024. The FDIC says it has stepped in to protect $6 billion in assets and $4...

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Finnish Neobank Saldo Launches Operations in Sweden

Saldo Bank, a Finnish neobank with operations centered in Lithuania and supervised by the Bank of Lithuania, has expanded its services to Sweden. With a strategic...

Can Decentralized Finance Replace Traditional Payments – The Daily Hodl

HodlX Guest Post  Submit Your Post   There’s a lot of talk about DeFi (decentralized finance) these days. If one were to believe all the hype, it would...

SEC’s Approval Of Bitcoin Markets Could Lead To Potential Financial Catastrophe – CryptoInfoNet

Over the past several decades, there have been rapid and fundamental changes in the finance and banking sectors. The banking reforms of the New...

$137,000 ‘Fully Drained’ From JPMorgan Chase Account in Seconds – Now Customers Demand to Know Why Bank Raised No Red Flags: Report – The...

Two JPMorgan Chase customers say the bank’s fraud prevention systems are woefully inadequate after $137,000 was drained from their account in a matter of...

GoTyme Interest Rate, Withdrawal Fee, Promotions Overview

Digital banks provide financial products and services through digital platforms and channels, minimizing reliance on physical touchpoints. These banks were officially recognized by the...

Maya Interest Rate 2024 | Promotions | Overview | BitPinas

While most digital banks in the country only offer fiat-related transactions, Maya Bank, powered by the e-wallet Maya app, also supports cryptocurrency transactions. Digital...

JPMorgan Chase, Citibank and Goldman Sachs Drafting Landmark Lawsuit Against Federal Reserve: Report – The Daily Hodl

A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank...

CIMB Bank PH Time Deposit With 7.5% Interest Launched | BitPinas

CIMB Bank Philippines launched a digital time deposit product, MaxSave Time Deposit, with interest rates of up to 7.5% per annum. The product offers...

BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle

NEW YORK–(BUSINESS WIRE)–The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and...

VanEck, Bitwise Prep Over $200 Million in Advance of Bitcoin ETF Approval – Decrypt

VanEck and Bitwise said the two investment firms are seeding their Bitcoin ETFs with $72.5 million and $500,000, respectively, according to S-1 documents filed...

Indonesian Neobank KOMUNAL Gears Up for Expansion with US$5.5M Funding – Fintech Singapore

by Fintech News Indonesia January 8, 2024 Indonesian fintech company KOMUNAL has secured US$ 5.5 million in...

VanEck: Bitcoin is a “Screaming Buy” for 2024; Firm’s DAPP ETF Passes $100mm in AUM as Global Assets in VanEck Crypto-Linked Funds Approach $1...

NEW YORK–(BUSINESS WIRE)–Having already named Bitcoin one of the firm’s “screaming buys” for 2024, VanEck is today sharing a number of other key updates...

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